Chapter 7 Bankruptcy Timeline 2.5 - United States Courts

CHAPTER 7 BANKRUPTCY TIMELINE

Updated 5/15/2018

Day 13 to 33 (7 days before first date set for Meeting of Creditors): deadline to provide tax returns to

trustee

(see page 5)

Day 20 to 40

Day 1: File bankruptcy petition with

court and pay filing fees

(see page 2)

Meeting of Creditors also called 341(a) Meeting

(see page 7)

Day 80 to 100 (60 days after first date set for Meeting of Creditors):

deadline to complete financial management training course and file

Form 423 (see page 9)

DISCHARGE

GRANTED (see page 11)

1

10

20

30

40

50

60

70

80

90

100

Before filing bankruptcy (within 180 days before filing): complete credit counseling

course

(see page 1)

Day 20 to 30 (30 days after filing OR on or before first date set for

Meeting of Creditors, whichever comes first): deadline to file statement of intention (if

not already filed with petition on

Day 80 to 100 (up to 60 days after first date set for meeting of creditors):

reaffirmation agreements

Day 1)

(see page 10)

(see page 6)

Day 1 to 14: File certificate of credit counseling, lists, schedules, statements & payment advices (if not already filed with petition on Day 1)

Day 50 to 70 (30 days

after first date set for Meeting of Creditors): Deadline to perform Statement of Intention

(see page 8)

(see pages 3 & 4)

Page 1

Before filing bankruptcy (within 180 days before filing): complete credit counseling course

Description Before you file for bankruptcy, you must complete a credit counseling course from an approved credit counseling agency. These courses generally last 60 to 90 minutes, and may be completed in person, on the internet, or over the phone. For a list of approved credit counseling agencies, you may visit ust/eo/bapcpa/ccde/ cc_approved.htm. Upon completion of the course, you will receive a Certificate of Credit Counseling.

Deadline You may complete the credit counseling course any time within 180 days before you file for bankruptcy.

Page 2

Day 1: File bankruptcy petition with court & pay filing fees

Description Filing a bankruptcy petition is your official request to the court to open your bankruptcy case. You can find the bankruptcy petition package online at cacb.forms. The "bankruptcy petition package" refers to the entire set of court documents required to open a bankruptcy case. For assistance in completing the bankruptcy petition package, you can visit the Self-Help Desk at your divisional courthouse.* Hours and information for each Self-Help Desk are available at cacb.dont-haveattorney under the "Free or Low Cost Bankruptcy Help" tab. Once you complete your petition package, you can file it by bringing it to the intake window of the clerk's office at your divisional courthouse. At the time of filing, you will have to pay a filing fee. Bankruptcy fees are listed on the Court's website and may be accessed here. If you have trouble paying the filing fee, the court may grant you permission to pay in installments. If your income is below 150% of the poverty level and you are unable to pay the fees even in installments, the court may waive the fee requirement. Please see FederalCourts/Bankruptcy.aspx for more information.

Deadline

You must file your bankruptcy petition package within 180 days after completing your credit counseling course.

*Visit cacb.court-locator and type your zip code into the search bar on the left to find your divisional courthouse.

Day 1 to 14: File Certificate of Credit Counseling

Page 3

Description You must file the Certificate of Credit Counseling that you received upon completion of the credit counseling course.

Deadline

You may file the Certificate of Credit Counseling with your bankruptcy petition package on Day 1.The absolute deadline to file the certificate is 14 days after filing your petition.

Day 1 to 14: File lists, schedules, statements & payment advices

Page 4

Description

There are a number of court documents included in your bankruptcy petition package, including the Schedules of Assets and Liabilities, Schedule of Income and Expenditures, and Statement of Financial Affairs.

Deadline

You may file these documents with your bankruptcy petition package on Day 1.The absolute deadline to file these documents is 14 days after filing your petition.

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